An historic gem, Manhattan real estate in Gramercy Park offers the atmosphere of a small village, with New York City’s only private park as its exquisite centerpiece, yet lies in the heart of the city, extending from 17th to 22nd Streets between Park Avenue and the East River. Envisioned as a London-style neighborhood, this prestigious locale is known for its beautiful brownstone-lined streets of Gramercy Park real estate, trimmed with elaborate ironwork fencing. Landmarks of the neighborhood include the newly refurbished Gramercy Park Hotel, the Theodore Roosevelt Birthplace, the Victorian Gothic-style National Arts Club, the Players Club and Pete’s Tavern, the city’s oldest bar, where O. Henry is said to have written The Gift of the Magi.